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OpenAI Signs $10 Billion Deal With Cerebras for AI Computing
OpenAI signed a multiyear deal to use hardware from Cerebras Systems Inc. for 750 megawatts’ worth of computing power, an alliance that will support the company’s rapid build-out of AI infrastructure.OpenAI will use Cerebras as a supplier of computing to get faster response times when running AI mod
Tiger News
Thu, Jan 15
Oil prices settle higher, then reverse gains after Trump eases worries about Iran
Iran protests raise supply disruption fears, geopolitical risksVenezuela resumes oil exports US crude, gasoline inventories rise sharply -EIABy Nicole Jao NEW YORK, Jan 14 (Reuters) - Oil prices settled higher on Wednesday, then gave back most of the day's gains after U.S. President Donal...
Reuters
Wed, Jan 14
EXCLUSIVE-Pakistan to partner with World Liberty Financial on dollar-linked stablecoin, source says
Pakistan partners with Trump-linked World Liberty Financial for digital payment exploration, source saysZach Witkoff to discusses digital payment infrastructure with Pakistani officialsPakistan's central bank plans digital currency pilot and virtual asset regulationBy Ariba Shahid ISLAMABAD, ...
Reuters
Wed, Jan 14
US oil may retest resistance at $61.56
U.S. oil CLc1 may retest resistance at $61.56 per barrel, driven by a wave C.
Reuters
Wed, Jan 14
Soybeans firm after losses, strong Chinese demand supports
Soybeans rise after losses, market eyes Chinese demandChina December soybean imports rise 1.3% y/y to 8.04 mln TBumper Brazilian harvest to cap gains in Chicago soybeans BEIJING, Jan 14 (Reuters) - Chicago soybeans firmed on Wednesday after falling for two sessions, driven by firm Chinese demand,
Reuters
Wed, Jan 14
China's 2025 rare earth exports hit highest since at least 2014 despite restrictions
China's rare earth exports in 2025 hit the highest level since at least 2014, even as Beijing began restricting shipments of several medium to heavy elements from April.
Reuters
Wed, Jan 14
PRECIOUS-Gold near record-highs on Fed rate cut bets; silver cracks $90
Gold climbed on Wednesday to near a record peak set in the previous session, while silver surpassed the never-before-seen $90 mark, as softer-than-expected U.S. inflation readings cemented bets on interest rate cuts ahead amid ongoing geopolitical uncertainty.
Reuters
Wed, Jan 14
Bitcoin Nears ‘Historic’ Technical Test As Price Eyes $93,500 Barrier – What’s Next?
As Bitcoin (BTC) breaks out of key resistance levels, an analyst suggests that the cryptocurrency is positioning itself for a move to higher levels and a retest of a crucial technical area in the coming weeks.
NewsBTC
Wed, Jan 14
Japan's Nikkei hits record high; bonds, yen drop on stimulus speculation
Japanese stocks climbed to a record high on Wednesday, while the yen and bonds extended their declines as markets priced in the possibility of a snap election that could pave the way for expanded fiscal stimulus.
Reuters
Wed, Jan 14
USD/INR falls on positive outcome from US-India trade talks
The Indian Rupee (INR) trades higher against the US Dollar in the opening session on Wednesday. The USD/INR pair drops to near 90.30 as the Indian Rupee gains on the outcome of trade talks between the United States (US) and India on Tuesday.
Fxstreet
Wed, Jan 14
Trump administration approved Nvidia H200 chip sales to China with a 25% fee and new testing requirements
Under the new rules, these chips must go through testing by an outside lab to check their AI performance before heading to China. Chinese buyers cannot receive more than half of the total chips sold to American customers.
Cryptopolitan
Wed, Jan 14
China recorded a $1.2 trillion trade surplus in 2025, the largest ever, after exports beat forecasts and imports stayed weak
China closed 2025 with a $1.19 trillion trade surplus, rounded by markets to $1.2 trillion, setting a global record that no other economy has ever touched.
Cryptopolitan
Wed, Jan 14
Japan finance minister says US Treasury's Bessent shares concerns about weak yen
Yen crosses 158 per dollar to hit one-year lows on snap election reportsJapan has said it has a 'free hand' in dealing with excessive moves in the yenAnalysts on high alert for Tokyo's yen-buying interventionBy Makiko Yamazaki Jan 13 (Reuters) - Japan's Finance Minister Satsuki Ka...
Reuters
Tue, Jan 13
Trump says nations doing business with Iran face 25% tariff on US trade
Iran facing its biggest anti-government protests in yearsTrump has used leverage of tariffs throughout his second term against many nationsTrump weighs further options on US action against IranBy Kanishka Singh and Trevor Hunnicutt WASHINGTON, Jan 12 (Reuters) - President Donald Trump said on Mon...
Reuters
Tue, Jan 13
Japan's Nikkei hits all-time high as markets track Wall Street rally
TOKYO, Jan 13 (Reuters) - Japan's Nikkei share average surged to a record high on Tuesday, playing catch-up with Wall Street's recent two-day rally after a public holiday in the Asian nation.Investor sentiment was further lifted by a sharply weaker yen than when Tokyo la...
Reuters
Tue, Jan 13
Apple, Google strike Gemini deal for revamped Siri in major win for Alphabet
Apple to use Google’s Gemini for Siri, future AI features Tie-up likely to raise questions on Apple's partnership with OpenAIGoogle’s valuation hits $4 trillion on AI momentum and optimism By Zaheer Kachwala and Aditya Soni Jan 12 (Reuters) - Apple AAPL.O will use Google's Gemini models...
Reuters
Tue, Jan 13
Gold smashes $4,600 record as Powell charges ignite haven frenzy
Gold (XAU/USD) rallies to new record high past $4,600 on Monday due to safe-haven flows courtesy of the US Department of Justice, which presented charges against the Federal Reserve Chair Jerome Powell over the building’s renovations. At the time of writing, XAU/USD trades at $4606, up more than 2%.
Gold
Fxstreet
Tue, Jan 13
Pfizer CEO plans for soaring consumer market for obesity drugs akin to Viagra
Pfizer CEO Bourla says cash-pay market larger than anticipatedPlans to launch 10 different phase 3 studies of Metsera obesity drugsBourla says US pricing deals will help pressure Europe to raise drug pricesBy Michael Erman SAN FRANCISCO, Jan 12 (Reuters) - Pfizer PFE.N is preparing for a consumer
Reuters
Tue, Jan 13
S&P 500, Dow Build on Records; Alphabet Tops $4T; Chinese ADRs Surge; DOJ Probes Powell; Apple–Google AI Pact Fuels Tech
Apple selected Google’s Gemini to power future AI features in Siri, deepening Big Tech collaboration. The multi-year partnership will leverage Gemini models and cloud infrastructure to enhance Apple Intelligence capabilities. The alignment underscores intensifying competition in consumer AI ecosyste
Tiger News
Tue, Jan 13
Trump says Microsoft to make changes to curb data center power costs for Americans
Jan 12 (Reuters) - U.S. President Donald Trump said on Monday that Microsoft MSFT.O will make "major changes" this week to ensure U.S. consumers do not pay more for electricity because of data centers' power consumption, and his administration was working with other technology companies ...
Reuters
Tue, Jan 13
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